JPMorgan is facing a $175 million lawsuit filed by Charlie Javice, the former CEO accused of defrauding the bank. Javice claims the bank owes her funds related to her fraud.
Standard Chartered has secured a MiCA license as the European Securities and Markets Authority (ESMA) adds 37 new crypto firms. This move signals evolving regulatory clarity for digital assets within the EU.
Canada Pension Plan Investment Board will invest $1.75 billion to support $EQT Corp.โs artificial intelligence infrastructure buildout, it announced Friday.
The Financial Reporting Council (FRC) has sanctioned Forvis Mazars and an audit partner for failings in a Statutory Reporting Group (SRG) audit. The move signals continued regulatory scrutiny on audit quality within the financial sector.
Federal Reserve interest rate cut expectations for June have fallen following a jobs report that missed forecasts. This signals ongoing uncertainty in the economic outlook and could impact bond markets.
Google AI will soon power Walmart's checkout experience, enhancing efficiency and customer interaction. This collaboration integrates advanced AI into a major retail operation.
Russia's subsidy payouts to refiners supplying domestic markets surged more than six-fold in June from a year earlier, as Moscow attempts to avoid fuel shortages by keeping more supply at home. This move impacts global energy markets.
iCON Infrastructure is acquiring Northern Fiber Holding GmbH from lenders in a rescue deal to prevent insolvency. This transaction involves the sale of the German fiber-network operator.
The Dow hits a record high while tech takes a breather after a soft jobs report. Tesla drops on a sell-the-news reaction despite record deliveries, while Robinhood surges on new product launches. We break down the biggest moves of the day. https://t.co/GvlUCGYSoI
The market is balancing record highs in industrial names with a rotation out of high-flying tech. Catch up on all the key themes from today's closing bell.